Rafael Suriel
My first home and future investment property.
Hello, everyone. newbie here. I'm a very low income guy (make $25k a year) and I want to buy my first property. I'm looking for properties around 60k to 80k. I'm planning to go with USDA or FHA. I have good credit upp...
Sam Bhattacharya
Are realtors likely to help new investors seek out private loans?
I am looking to expand my rental property portfolio. I would like to use the help of private lenders to do this.
Is it common in the industry for realtors to help you find a private lender? Or is this something inv...
Patrick Dundon
Buying First Property with a partner.
Hello all,I'm 25 and looking to purchase my first rental (multi-family) with a friend. Is the best way to do this through a LLC, or buy than transfer to an LLC, or buy and just have an umbrella policy in place? Also, ...
Owen Concaugh
Mortgage Pre-Approval for a House Hack
Hello all,Long time listener and reader of bigger pockets content, but first time poster here. Apologies if this belongs in another forum. I am 24 and looking to buy a multi family to house hack within the next year u...
Shannon Robnett
So what will all the broken pipes do to lending in Texas
So I hear everyone talking about the coming fire sale in real estate from non payment of rents, but with this new winter disaster that has taken Texas literally by storm, does anyone see major changes in lenders under...
Trevor Carter
Refinance on property in LLC
Hi All! I am looking to refinance a rental property I have in an LLC. My banker said many of her clients quitclaim out of the LLC into personal names, then refinance with conventional loan, and then quitclaim back i...
Jeremy Mabry
Selecting Qualified Applicants
Recently listed a single fam home for rent and have had some pretty immediate and promising inquiries. I've scheduled showings and sent out links for applications. Assuming they all come back as qualified applicants t...
Eugene Ginzburg
Refinancing a coop.
Hi. I own a coop in NYC, Staten Island. It's a rental. I want to refinance to change rate and shorten mortgage. Bankers and brokers tell me that I can't because it's not owner occupied. If it's at all possible to ref...
James Petry
loan options
Good morning BP! I would like to get some input on my problem. I have been pre approved for a fha loan for an investment property with the typical 20% down and min withdraw of 30k. My situation is the best options for...
Ryan Loyd
BRRR, Repeat? How many times will a bank let you?
Fascinated by the BRRRR method.
As I'm musing on the Refinance and Repeat aspect, I'm wondering how many times the bank will let you repeat?
I mean on one hand, you own a piece of property out right and leaving 2...